eToro vs Trading 212
The FCA, FRN 583263, has authorised ETORO (UK) LIMITED since 9 May 2013, and the firm holds client money. Since 1 Oct 2014, the FCA, FRN 609146, has authorised Trading 212 UK Limited, which holds client money.
eToro and Trading 212 side by side
Every figure comes from the broker itself, along with the date we read it. They are listed in the order people search for them, not in an order we prefer.
| Fact | eToro | Trading 212 |
|---|---|---|
| UK firm | ETORO (UK) LIMITED | Trading 212 UK Limited |
| FRN | 583263 | 609146 |
| Regulatory status | Authorised | Authorised |
| Authorised since | 9 May 2013 | 1 Oct 2014 |
| Clone firms on the register | 5 | 4 |
| Retail CFD accounts that lose money | 55%, read 2 Nov 2026 | 75%, read 2 Nov 2026 |
| EUR/USD spread as stated | 0.005% per trade (minimum, Standard) | Not stated |
| Smallest deposit | £50 | £10 |
| Withdrawal fee | no fee on local currency (GBP) accounts, and USD 5 on a USD investment account | free (third-party banks may charge) |
| CFDs | Yes | Yes |
| Share dealing | Yes | Yes |
| Retail leverage | Not stated | per the margin table, 1:30 for major currency pairs, 1:20 for minor pairs, 1:10 for other commodities and 1:5 for stocks and ETFs) |
| Platforms | Etoro platform and app (etoro edge terminal) | Trading 212 app and web platform |
| Demo account | Yes | Not stated |
| Negative balance protection | Not stated | Yes |
| iPhone app rating, UK App Store | 4.24 of 5 (18,299 ratings) | 4.7 of 5 (412,613 ratings) |
Both brokers match on FCA status, CFDs and share dealing.
Sources: etoro.com, accessed 2 Nov 2026; trading212.com/trading-instruments/cfd, accessed 2 Nov 2026; etoro.com/trading/fees/cfd-spreads, accessed 2 Nov 2026; trading212.com/terms/cfd, accessed 2 Nov 2026; helpcentre.trading212.com/hc/en-us/articles/11471872562461-What-are-the-fees-in-the-CFD-account, accessed 2 Nov 2026.
How the two loss rates stand against the wider field
The full risk warning from each broker
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. When trading CFDs with this provider, 55% of retail investor accounts lose money. You should consider whether you understand CFDs and how they work. You should also consider whether you can afford the high risk of losing your money.
On 2 Nov 2026, we read eToro's own wording on etoro.com.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Among retail investor accounts trading CFDs with this provider, 75% lose money. You should consider two points: your understanding of how CFDs work and your ability to afford the high risk of losing your money.
On trading212.com, Trading 212 provides its own wording, read 2 Nov 2026.